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NIKOLA RECORDS SALES OF 88 HYDROGEN-POWERED CLASS 8 TRUCKS FOR NORTH AMERICAN CUSTOMERS IN Q3 2024; 200 TOTAL SOLD THIS YEAR

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PHOENIX, Oct. 2, 2024 /PRNewswire/ — For Q3 2024, Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, wholesaled 88 Class 8 Nikola hydrogen fuel cell electric trucks, firmly within truck sales guidance of between 80 and 100 fuel cell units for the quarter.

For the first three quarters of 2024, Nikola wholesaled 200 hydrogen fuel cell trucks, and 235 total since the truck went on sale in Q4 of last year.

“This is a record sales quarter for Nikola, with 88 hydrogen fuel cell electric trucks wholesaled to our dealers for end customers, as well as the addition of a first-ever U.S. dealer-based HYLA modular refueling station,” said Nikola CEO Steve Girsky. “Despite overall market headwinds, Nikola remains focused on our mission to pioneer solutions for a zero-emission world, and we’re doing it one truck at a time.”

All Nikola trucks are assembled in Coolidge, Ariz.

NOTE: Nikola has not completed its quarterly review process or the preparation of its financial statements for the third quarter ended September 30, 2024.

ABOUT NIKOLA CORPORATION
Nikola Corporation’s mission is clear: pioneering solutions for a zero-emissions world. As an integrated truck and energy company, Nikola is transforming transportation and over-the-road freight services. With our Class 8 vehicles, including battery-electric (BEV) and hydrogen fuel cell electric trucks (FCEV), and our energy brand, HYLA, we are driving the advancement of the complete hydrogen refueling ecosystem. This encompasses supply, distribution, and dispensing, reflecting our commitment to sustainable practices and a cleaner future.

Nikola is based in Phoenix, Ariz. with a manufacturing facility in Coolidge, Ariz. 

Experience our journey to achieve your sustainability goals at nikolamotor.com or engage with us on social media via Facebook @nikolamotorcompany, Instagram @nikolamotorcompany, YouTube @nikolamotorcompany, LinkedIn @nikolamotorcompany or Twitter @nikolamotor.

FORWARD-LOOKING STATEMENTS
This press release contains certain forward-looking statements within the meaning of federal securities laws with respect to Nikola Corporation (the “Company”), including statements relating to: the belief that the Company is pioneering solutions that will help transition to a zero emission future; the first ever dealer based hydrogen fueling station; and making progress one truck at a time despite market headwinds. Forward-looking statements are predictions, projections, and other statements about future events based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: completion of the Company’s review of its third quarter results; changes to assumptions underlying vehicle sales; the ability of the Company to access sufficient capital to meet its requirements and fund its business; manufacturing delays and difficulties; risks related to the rollout of the Company’s hydrogen fueling infrastructure and the timing thereof; construction risks and delays; the availability of access to hydrogen refueling facilities; the level of and cancellation of customer orders; risks associated with manufacturing batteries and fuel cell power modules; variations in and characteristics of the hydrogen fueling location, including but not limited to fueling hardware and software protocol, fuel amount, and fueling conditions, any of which may affect refueling times; and the factors, risks and uncertainties described in the “Risk Factors” section of the Company’s annual report on Form 10-K for the year ended December 31, 2023 filed with the SEC, in addition to the Company’s subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and, except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise.

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SOURCE Nikola Corporation

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Government of Canada leverages new technologies to improve HR and pay operations and support employees

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GATINEAU, QC, Oct. 2, 2024 /CNW/ – The Government of Canada is committed to supporting employees and resolving outstanding pay issues for federal public servants while working to improve their overall human resources (HR) and pay experience. Pay issues that employees continue to face are unacceptable and it is our top priority to resolve them.

Today, the second quarterly progress report was published, which provides an update on ongoing progress related to HR and pay. This summer, we have been working on various projects to better support employees, while also improving current operations and continuing to explore a new HR and pay solution. The report includes details on:

Pay Centre virtual assistant;MyGCPay improvements;Dayforce user awareness sessions;New Case Client Relationship Management tool

In 2021, we began exploring and testing the Dayforce solution, a viable option for the next modern HR and pay system. This fall, we started the Dayforce user sessions to provide public servants with an opportunity to try Dayforce and provide their feedback.

To help resolve pay issues and improve our operations, we launched various HR and pay initiatives, such as a new artificial intelligence (AI) based virtual assistant to support compensation advisors and significantly reduce processing times. We are also in the early stage of exploring options for a new and modern Case Client Relationship Management tool, which will allow for more efficient management of pay transactions.

The Government of Canada will continue engaging with employees and stakeholders while working on various initiatives to support its employees, resolve HR and pay issues, and make progress on exploring a possible replacement for Phoenix. Quarterly updates on the progress of HR and pay projects will also be provided.

Quote

“We are improving our current operations to better serve federal public servants, while working towards a new HR and pay system that meets our needs now and into the future.  It is our responsibility to ensure public servants are paid accurately and on time.”

The Honourable Jean-Yves Duclos
Minister of Public Services and Procurement and Quebec Lieutenant

“All public service employees deserve to be paid accurately and on time. As we work on improvements to our systems by reducing the number of HR systems in the core public administration and facilitating automation, we will work closely with bargaining agents to simplify overall human resources processes for employees, managers and pay practitioners.”

The Honourable Anita Anand
President of the Treasury Board and Minister of Transport

Quick facts

$135 million was allocated in Budget 2024 to explore a new HR and pay solution for 2024-25, $112.1 million is allocated to PSPC and $22.7 million is allocated to TBS. The total includes an allocation of $85 million to amend the contract with Dayforce to continue to expand testing and design the system to our specific needs.The current HR and pay systems are used to deliver pay to over 430,000 current and former public servants from over 100 departments and agencies. In 2023, this represented approximately 13.1 million payments, totalling approximately $36 billion.So far in 2024, we’ve achieved an enterprise-wide average biweekly payroll accuracy of 97.8%The Public Service Pay Centre provides pay services for 49 organizations serving over 250,000 clients.As part of Budget 2024, the Government of Canada allocated an additional $135 million to expand testing and design of a new HR and pay solution for the public service. This decision supports the eventual replacement of the Phoenix pay system and its HR systems.

Associated links

Summer 2024 Quarterly progress report 

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SOURCE Public Services and Procurement Canada

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Institutional Investor Launches the First Global Think Tank for the Asset Management Industry

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NEW YORK, Oct. 2, 2024 /PRNewswire/ — After over two decades of leading peer-to-peer learning and networking, Institutional Investor (II) is proud to announce the launch of the Asset Management Institute (AMI) — the first global think tank and private C-suite network designed exclusively for the asset management industry. The launch coincides with the release of II’s inaugural Global Asset Management Survey.

“This is part of II’s strategic vision to partner holistically with clients across every function,” said Kat Storfer, Head of North America at Institutional Investor. “We are proud to be the only organization capable of delivering value to asset management firms through an exclusive, prestigious C-suite network on a global scale.”

With the current wave of change affecting the sector — from leadership transitions to advancements in technology and AI — now is the ideal moment for the industry to have a dedicated private platform for sharing insights, benchmarking, and discussing its future.

The Institute will have dedicated sub-networks tailored for key C-suite roles, including CEOs, CIOs, CFOs, COOs, CHROs, General Counsel, Chief Compliance Officers, Chief Marketing Officers, Chief Technology Officers, Chief Product Officers, and Heads of Distribution. This structure underscores the growing strategic importance of these leadership positions within asset management firms and their influence at the board level. And with its global reach, AMI is uniquely positioned to align with the international scope of the asset management community and the broader financial industry.

Jim McCaughan, Chairman of the Asset Management Institute, added: “AMI members are at the forefront of the industry, constantly driving innovation and learning from one another. The Institute will amplify knowledge and create meaningful connections as investment management undergoes a time of tremendous transformation.”

Membership in the Asset Management Institute is by invitation only. For more information about AMI, please visit https://eml.iiconferences.com/l/81142/2024-07-23/667g4x/81142/1727702061ureg3lPn/AMI_Overview___Oct24.pdf or contact David Braham, +1 (212) 224-3212, david.braham@institutionalinvestor.com.

Contact: Bryan Fox
Marketing Director
bryan.fox@institutionalinvestor.com

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SOURCE Institutional Investor

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G2 Customer Reviews Name Appdome Leader in Five New Categories

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Appdome wins ‘Anti-Fraud,’ ‘Mobile Data Protection,’ ‘Best Meets Requirements,’ ‘Easiest Setup’ and ‘Easiest to Do Business With’ Among Other Recognition

SAN FRANCISCO, Oct. 2, 2024 /PRNewswire/ — Appdome, the experience leader in mobile defense, today revealed it has been recognized as the market leader and high performer in five (5) additional categories on G2, the world’s largest and most trusted software marketplace. The five (5) new leadership categories include Anti-Fraud, Mobile Data Protection, Meets Requirements, Easiest Setup and, as a company, Easiest to do Business With. This extends Appdome’s experience leadership, adding to its prior customer recognition as Most Likely to Recommend and Users Love Us.

“Our customers trust Appdome to provide always-on, continuous defense for their mobile business,” said Jamie Bertasi, Chief Customer Officer of Appdome. “Appdome isn’t a point product. This customer recognition spans the full range of the value proposition we provide every mobile business, in mobile app security, anti-fraud, bot defense, DevSecOps, compliance and more.”

The Appdome Platform provides full lifecycle defense for mobile brands and enterprises. It’s the only solution that can centralize mobile defense for external-consumer and internal-employee use cases into one platform and workflow, and streamline the secure, monitor and respond lifecycle for 340+ mobile defenses with ease. Appdome 340+ defenses work with all Android & iOS platforms and apps and include the widest defense selection offered by any one vendor. These defenses are offered in broad feature categories including mobile app security, anti-fraud, anti-malware, anti-cheat, anti-bot, geo compliance, social engineering, Mobile EDR, Mobile XDR, and more. To simplify deployment, maintain agility, and shorten incident response times, Appdome uses AI/ML to code the defenses into Android & iOS applications and mobile SDKs as well as to monitor and respond automatically to threats and attacks as they arise. To use Appdome, there’s no SDK, no server, no code or coding needed by an engineering team.

“The architecture and technology behind Appdome are the difference,” said Chris Roeckl, Chief Product Officer of Appdome. “While others try to add a GUI on top of their SDK-based point products, Appdome’s GUI isn’t the story. The story is the modular architecture and how we use AI/ML to code the defenses into mobile apps, adapting the defense to each application. Continuous defense is our advantage.”

Customers report robust feature coverage, high quality support, and ease of setup with rapid time to implement for fast ROI. For example, one customer in Healthcare says “Easy security with Appdome… very extensive set of security features allow us to improve security applications very fast.” While a Security Engineering Manager said “The product stands out for ease of implementation… with just a few clicks all necessary protections can be enabled.” A customer in Financial Services noted “dedicated and attentive onboarding team and customer support with fast and meaningful turnarounds on all support requests.”

“The industry is seeing a significant surge in mobile fraud and bot attacks, which in turn is causing significant financial loss and customer frustration,” said Brian Reed, SVP Marketing at Appdome, “Mobile brands and enterprises are starting to ask ‘Why spend time and resources trying to stitch together multiple point products to handle the myriad of security and fraud threats we’re facing, when we can seamlessly and efficiently deliver all the protection needed in the mobile business with a click of a button and let AI/ML do the work?’ They’re right. Appdome’s approach makes business sense.”

Learn more about what real users have to say about Appdome on G2’s review page.

For more information on the Appdome Unified Mobile App Defense Platform, visit https://www.appdome.com

About Appdome
Appdome is the experience leader in mobile defense. Our award-winning, and patented, mobile defense platform uses AI-ML to automate the work and complexity out of securing mobile businesses, apps and users. With Appdome, mobile brands and enterprises enjoy a single pane of glass to create Certified Secure™ mobile apps with ease, eliminating multiple point products and SDKs, and unifying mobile app security, anti-fraud, anti-bot, anti-malware, geo compliance, social engineering and other defenses with real time threat monitoring, mobile EDR, XDR, and IR for external-consumer and internal-employee facing mobile apps. At 340+ mobile app defense features and growing, Appdome provides the most comprehensive and extensible mobile defense solution on the market. The platform is fully automated out of the box using pre-built plugins to the full DevOps, CI/CD and Enterprise automation and support stack. Appdome also leads the market in user experience and support, with its industry leading, in-app, Threat-Events™ threat intelligence framework and GenAI powered Threat Resolution Center™. These, combined with a host of enterprise grade and compliance features built into the platform, allow all stakeholders, including mobile engineering, cyber teams, network security, DevOps, SecOps, IT, UEM-MAM, mobile support teams, and mobile end users to benefit from using Appdome. Appdome holds several patents including U.S. Patents 9,934,017 B2, 10,310,870 B2, 10,606,582 B2, 11,243,748 B2 and 11,294,663 B2. Additional patents pending. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/g2-customer-reviews-name-appdome-leader-in-five-new-categories-302265753.html

SOURCE Appdome

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